To use this site, please disable the ad blocking feature and reload the page.
This website uses cookies to collect information about your visit for purposes such as showing you personalized ads and content, and analyzing our website traffic. By clicking “Accept all,” you will allow the use of these cookies.
Users accessing this site from EEA countries and UK are unable to view this site without your consent. We apologize for any inconvenience caused.
Tokyo (Jiji Press)—Japan’s key Nikkei 225 stock average hit a fresh record intraday high on Thursday morning, surging nearly 600 points to top 42,000 for the first time ever.
At 9:07 a.m., the Nikkei average rose to 42,426.77, up 594.78 points, or 1..42 pct, from Wednesday.
The broader TOPIX index also hit a fresh record intraday high, at 2,946.60 at 9:07 a.m., up 37.40 points, or 1.26 pct.
A wide range of stocks drew purchases in the Tokyo market, thanks to overnight rises in major U.S. stock indexes that came after remarks by Federal Reserve Chairman Jerome Powell in his congressional testimony were taken to be in line with market expectations of an early interest rate cut.
